LightInTheBox (NYSE:LITB) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of LightInTheBox (NYSE:LITBFree Report) in a research report released on Friday morning. The brokerage issued a buy rating on the technology company’s stock.

LightInTheBox Stock Down 1.3 %

Shares of LITB stock opened at $0.82 on Friday. The business’s fifty day moving average is $0.74 and its 200 day moving average is $0.88. The stock has a market cap of $91.49 million, a price-to-earnings ratio of -10.29 and a beta of 0.87. LightInTheBox has a twelve month low of $0.43 and a twelve month high of $1.47.

LightInTheBox (NYSE:LITBGet Free Report) last issued its quarterly earnings results on Tuesday, May 28th. The technology company reported ($0.03) earnings per share (EPS) for the quarter. The company had revenue of $71.17 million for the quarter.

LightInTheBox Company Profile

(Get Free Report)

LightInTheBox Holding Co, Ltd., together with its subsidiaries, operates as an online retailer that delivers products directly to its consumers worldwide. The company provides apparel products; and other general merchandise products, such as small accessories and gadgets, home garden, toys and hobbies, electronics and communication devices, and other products.

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